Comments on: Finally, Some Leadership in the Credit Crisis http://smallbiztrends.com/2008/10/leadership-credit-crisis.html Exploring the trends driving small business Thu, 09 Feb 2012 19:12:00 +0000 hourly 1 http://wordpress.org/?v= By: Kelly Hayes http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623903 Kelly Hayes Thu, 23 Oct 2008 16:17:49 +0000 http://www.smallbiztrends.com/?p=3620#comment-623903 Speaking of investing in America stock and real estate...I know some acquaintenances who tried to bid on a home (for cash) in AZ. Three other cash bids were offered - all pretty fair at about $325,000 on avg. on a formerly $500,000 listed home. All three cash bids were refused and the bank decided "to hold" the house for now, hoping for a better price in the future. Bailout money? Buying stocks for the average person still seems pretty risky - but I'm sure there will be some good deals. Buffet's not buying at the average person's price point of course so it's kind of misleading for him to tell people to buy - and he has everything to win if he can GET people to buy. I like the idea of investing in harder assets because inflation is ongoing, resources are getting more expensive and the population rate seems to keep climbing. Speaking of investing in America stock and real estate…I know some acquaintenances who tried to bid on a home (for cash) in AZ. Three other cash bids were offered – all pretty fair at about $325,000 on avg. on a formerly $500,000 listed home. All three cash bids were refused and the bank decided “to hold” the house for now, hoping for a better price in the future. Bailout money?

Buying stocks for the average person still seems pretty risky – but I’m sure there will be some good deals. Buffet’s not buying at the average person’s price point of course so it’s kind of misleading for him to tell people to buy – and he has everything to win if he can GET people to buy.

I like the idea of investing in harder assets because inflation is ongoing, resources are getting more expensive and the population rate seems to keep climbing.

]]> By: Bianca Aquino http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623764 Bianca Aquino Tue, 21 Oct 2008 06:19:09 +0000 http://www.smallbiztrends.com/?p=3620#comment-623764 Just an additional grace, Henry Sy today is considered as the richest man in the Philippines. Also, I'm wondering what is he up to with the Stock market today? I hope he too would do like Mr. Buffett did. Just an additional grace, Henry Sy today is considered as the richest man in the Philippines. Also, I’m wondering what is he up to with the Stock market today? I hope he too would do like Mr. Buffett did.

]]> By: PizzaForADream http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623755 PizzaForADream Tue, 21 Oct 2008 05:20:51 +0000 http://www.smallbiztrends.com/?p=3620#comment-623755 Buffett's remarks give me a slight bit of confidence that things will get better, though would we expect him to do anything but speak positively since his wealth and reputation are all tied to the market? Not that most of us can do anything about it currently anyway. This recession/depression seems very different to me so I've been overly worried about the future, but will stay put as all my investments are retirement-related and I've got nearly 20 years before I need them. The reality is that all we can do is follow those who have gone before and hope that history, and the steady upward trend of the markets, will continue to repeat itself. Buffett’s remarks give me a slight bit of confidence that things will get better, though would we expect him to do anything but speak positively since his wealth and reputation are all tied to the market? Not that most of us can do anything about it currently anyway.

This recession/depression seems very different to me so I’ve been overly worried about the future, but will stay put as all my investments are retirement-related and I’ve got nearly 20 years before I need them. The reality is that all we can do is follow those who have gone before and hope that history, and the steady upward trend of the markets, will continue to repeat itself.

]]> By: Mary Grace Ignacio http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623674 Mary Grace Ignacio Mon, 20 Oct 2008 05:52:53 +0000 http://www.smallbiztrends.com/?p=3620#comment-623674 Last night, our local TV news station broadcast Henry Sy's decision few years back then when he invested during the worst times here in the Philippines. It was indeed a very wise move, IMO, because he truly have invested stocks at a relatively low price. I believe Mr. Warren Buffet have same thoughts too. Last night, our local TV news station broadcast Henry Sy’s decision few years back then when he invested during the worst times here in the Philippines. It was indeed a very wise move, IMO, because he truly have invested stocks at a relatively low price. I believe Mr. Warren Buffet have same thoughts too.

]]> By: Anita Campbell http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623650 Anita Campbell Mon, 20 Oct 2008 00:40:50 +0000 http://www.smallbiztrends.com/?p=3620#comment-623650 Warren Buffett's actions were, first of all, symbolic. I look for them to have a calming effect on the fear that is gripping the stock market. That's what we need most of all. The average Joe- or Josephine-the-Plumber risks losing a lot more if the market just keeps going down or suffers these wild swings in highs and lows. We've become a nation of investors. Even someone with $10,000 in an IRA is probably invested in stocks through a mutual fund. As to whether a buy and hold strategy works, it depends. It depends on how long a period of time you're holding, what you bought and what you paid for it. :) One thing I do know -- if the market doesn't rebound, we average Joes and Josephines will just lose money for sure. Warren Buffett’s actions were, first of all, symbolic. I look for them to have a calming effect on the fear that is gripping the stock market. That’s what we need most of all. The average Joe- or Josephine-the-Plumber risks losing a lot more if the market just keeps going down or suffers these wild swings in highs and lows.

We’ve become a nation of investors. Even someone with $10,000 in an IRA is probably invested in stocks through a mutual fund.

As to whether a buy and hold strategy works, it depends. It depends on how long a period of time you’re holding, what you bought and what you paid for it. :)

One thing I do know — if the market doesn’t rebound, we average Joes and Josephines will just lose money for sure.

]]> By: Prasad Thammineni http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623636 Prasad Thammineni Sun, 19 Oct 2008 20:44:42 +0000 http://www.smallbiztrends.com/?p=3620#comment-623636 I read the op-ed as well and liked his key messages that you highlighted. This is not the first time that Mr. Buffet has encouraged buying value stocks and I wish I listened to him the past. I lost a lot of money during the dot com bubble and stayed in cash since then, missing the stock market recovery in 03-04. I did not make any money by holding cash; in fact I lost money due to inflation. This time around, I am not making that mistake. The only question I have is: what are those stocks that one should buy and hold for a while? By the way, I am reading the "The snowball, warren buffet and business of life", and I love it. Everything that Mr. Buffet is saying now, he has been saying since 1950's and we all know that he has made a bundle of money. He definitely knows his stuff. I read the op-ed as well and liked his key messages that you highlighted.

This is not the first time that Mr. Buffet has encouraged buying value stocks and I wish I listened to him the past.

I lost a lot of money during the dot com bubble and stayed in cash since then, missing the stock market recovery in 03-04. I did not make any money by holding cash; in fact I lost money due to inflation. This time around, I am not making that mistake.

The only question I have is: what are those stocks that one should buy and hold for a while?

By the way, I am reading the “The snowball, warren buffet and business of life”, and I love it. Everything that Mr. Buffet is saying now, he has been saying since 1950′s and we all know that he has made a bundle of money. He definitely knows his stuff.

]]> By: Moise levi http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623620 Moise levi Sun, 19 Oct 2008 14:30:43 +0000 http://www.smallbiztrends.com/?p=3620#comment-623620 Cheap can often become cheaper ....... Deep value has no meaning anymore .... Mr Buffet started years ago when "buy & hold" made sense ..... Tell that to the shareholders of GM, Ford, GE, Yahoo ..... Dell ....... Mr Buffet will be remembered as the greatest investor of "his" time ..... If you invested in Berkshire 10 years ago, you are not making money .... The game has changed, and the rules will change ...... Russian billionaires will soon end up bankrupt ...... No one knows what will happen in 6 months ...... Own your own business, control your destiny ..... export, export, export ...... Cheap can often become cheaper …….
Deep value has no meaning anymore ….

Mr Buffet started years ago when “buy & hold” made sense …..

Tell that to the shareholders of GM, Ford, GE, Yahoo ….. Dell …….
Mr Buffet will be remembered as the greatest investor of “his” time …..

If you invested in Berkshire 10 years ago, you are not making money ….

The game has changed, and the rules will change ……

Russian billionaires will soon end up bankrupt ……

No one knows what will happen in 6 months ……

Own your own business, control your destiny ….. export, export, export ……

]]> By: Martin Lindeskog http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623616 Martin Lindeskog Sun, 19 Oct 2008 12:51:43 +0000 http://www.smallbiztrends.com/?p=3620#comment-623616 I think you could become a successful trader if you use an contrarian investment strategy and go against the mainstream position. If you are interested in some book tips, please read my post, NYSE, May 17, 1792. Click on "Martin Lindeskog" Says: I don't think that the solution is to buy American stocks. I recommend you to read Harry Binswanger's article, "Buy American" Is Un-American. http://aijohp.notlong.com I will discuss this issue in my next podcasting show and post for Open Forum. I think you could become a successful trader if you use an contrarian investment strategy and go against the mainstream position. If you are interested in some book tips, please read my post, NYSE, May 17, 1792. Click on “Martin Lindeskog” Says:

I don’t think that the solution is to buy American stocks. I recommend you to read Harry Binswanger’s article, “Buy American” Is Un-American. http://aijohp.notlong.com

I will discuss this issue in my next podcasting show and post for Open Forum.

]]> By: Gary Hart http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623582 Gary Hart Sun, 19 Oct 2008 04:49:35 +0000 http://www.smallbiztrends.com/?p=3620#comment-623582 The cliché, buy low and sell high, is often spoken more than used. Mr. Buffet is not alone in his thinking. Another investor (whose name evades me) said he'd rather get in while the market is low and volatile than miss opportunities, and, that we will look back in a couple of years and say this was the time to buy. I agree. History repeats itself and so I am researching opportunities. The cliché, buy low and sell high, is often spoken more than used. Mr. Buffet is not alone in his thinking. Another investor (whose name evades me) said he’d rather get in while the market is low and volatile than miss opportunities, and, that we will look back in a couple of years and say this was the time to buy. I agree. History repeats itself and so I am researching opportunities.

]]> By: BabylonSisterz http://smallbiztrends.com/2008/10/leadership-credit-crisis.html#comment-623577 BabylonSisterz Sun, 19 Oct 2008 00:34:53 +0000 http://www.smallbiztrends.com/?p=3620#comment-623577 I got out this summer and it was sheer dumb luck but am I ever glad i did, as I planned to get back in but never did. Now I can buy WooT! :) I got out this summer and it was sheer dumb luck but am I ever glad i did, as I planned to get back in but never did. Now I can buy WooT! :)

]]>